Core Insights - TGS has secured a streamer acquisition contract in Africa, set to commence in Q4 2025 and lasting approximately 50 days [1][2]. Company Overview - TGS is a leading provider of energy data and intelligence, offering advanced technology and solutions across the entire energy value chain [3]. - The company utilizes the Ramform acquisition platform and proprietary GeoStreamer technology to ensure high data quality for clients [2][3]. - TGS maintains a comprehensive energy data library, making it a trusted partner for exploration and production in the energy sector [3].

Core Insights - TGS ASA reported a significant increase in asset utilization for Q3 2025, with a normalized Ocean Bottom Node (OBN) crew count of 2.8 and streamer vessel utilization at 73%, surpassing previous expectations of 2.5 and 65% respectively [2] Group 1: Operational Performance - The normalized OBN crew count for TGS in Q3 2025 was 1.8 for contracts and 1.0 for multi-client projects, compared to 3.8 and 0.0 in Q3 2024 [1] - The allocation of active seismic streamer 3D vessel capacity showed a notable increase in contract utilization to 45% in Q3 2025 from 20% in Q3 2024, while multi-client utilization decreased to 28% from 57% [1] - TGS maintained a consistent number of vessels at 6 for both Q3 2025 and Q3 2024 [1] Group 2: Financial Expectations - TGS anticipates a multi-client investment of approximately USD 86 million in Q3 2025, a decrease from USD 129.4 million in Q3 2024 [1] - The company will release its Q3 2025 results on 23 October 2025, with a presentation by CEO Kristian Johansen and CFO Sven Børre Larsen [2]